The Indian Indices opened on a flat note on Monday. The NSE Nifty 50 rose 13.45 points or 0.08% to 17,869.95 while the BSE Sensex gained 51.78 points or 0.09% to start at 60,734.48 levels.
As the markets sentiments remain volatile, here are 8 stocks recommended by analysts for an upside of up to 84%:
Gujarat Fluorochemicals Limited
Anand Rathi has a ‘Buy’ call on the Indian Chemicals Company with a target price of Rs 3,910 per share which represents an upside of 31 percent from the current levels of Rs 2,980.
Phoenix Mills Limited
HDFC Securities has a ‘Buy’ call on India’s largest retail-led mixed-use developer with a target price of Rs 1,800 per share which represents an upside of 32 percent from the current levels of Rs 1,365.
Sapphire Foods India Limited
JM Financial has a ‘Buy’ call on the Quick Service Restaurant which owns Pizza Hut with a target price of Rs 1,610 per share which represents an upside of 36 percent from the current levels of Rs 1,186.
Century Plyboards (India) Limited
JM Financial has a ‘Buy’ call on the Indian manufacturer, seller, and exporter of plywood with a target price of Rs 700 per share which represents an upside of 38 percent from the current levels of Rs 506.
J Kumar Infraprojects Limited
HDFC Securities has a ‘Buy’ call on the Civil Engineering and Construction with a target price of Rs 387 per share which represents an upside of 48 percent from the current levels of Rs 262.
BF Investment Limited
HDFC Securities has a ‘Buy’ call on the Kalyani Group holding company with a target price of Rs 803 per share, representing an upside of 49 percent from the current Rs 538.
Sobha Limited
HDFC Securities has a ‘Buy’ call on the real estate developer with a target price of Rs 935 per share which represents an upside of 62 percent from the current levels of Rs 576.
AGS Transact Technologies Limited
HDFC Securities has a ‘Buy’ call on one of the largest integrated omnichannel payment solutions providers in India with a target price of Rs 105 per share, representing an upside of 84 percent from the current Rs 57.
Written by Anoushka Roy
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